What happened to nike''s current ratio over the last year

Assignment Help Finance Basics

Reference no: EM131410631

The SEC Form 10-K of NIKE is reproduced in Appendix C.

REQUIRED:

Review the NIKE SEC Form 10-K, and answer the following questions.

a. What is working capital, and what is the trend in NIKE's working capital position in recent years?

b. How much did working capital change as a percentage of total assets over that time period?

c. What happened to NIKE's current ratio over the last year? What accounted for the change?

d. What are the most important current liabilities reported by NIKE?

e. Compute NIKE's accounts payable turnover (see Chapter 5) for the past two years. Comment on any change. (Note: The accounts payable at the end of 2007 totaled $1,040.3)

f. Is NIKE concerned with any major contingencies (see note 15)?

g. Briefly describe the five largest accrued liabilities, and the basic form of the entry lending to their recognition on the balance sheet.

h. (Appendix 10A). What kind of pension plan does NIKE provide for its employees? How much did the company contribute to the plan in the last three years?

i. (Appendix 10B). Compute NIKE's conservatism ratio over the last three years. Comment on whether the company's financial reporting was conservative or aggressive across the three-year period.

Reference no: EM131410631

Questions Cloud

Identify products which have an elastic demand : Some economists believe that supply determines what happens to demand while others believe demand determines what happens to supply. Explain both sides with examples.

How has the great recession directly affected the magnitude : How has the Great Recession directly affected the magnitude of stress that people experience? How have the responses of businesses to the Great Recession affected employees' stress levels?

Explain economic relationship between china and singapore : Briefly explain the economic relationship between China and Singapore - The economic strategies or policies to strengthen the relationship

Why might he still consider buying mutual funds instead : If an investor had enough money to diversify adequately through buying individual securities, why might he or she still consider buying mutual funds instead?

What happened to nike''s current ratio over the last year : Briefly describe the five largest accrued liabilities, and the basic form of the entry lending to their recognition on the balance sheet.

Write in personal blog about positive outlook on a stock : Would it be ethical for you to write in your personal blog about the positive outlook on a stock that you own, without telling readers that you own the stock? Why or why not?

Identify the informal fallacies : Select one of the issues from the ProCon.org website at http://www.procon.org/ and Research the Internet to obtain 3 websites that address the issue you selected - Identify the informal fallacies, assumptions, and biases involved in manipulati..

Determine three benefits of peer coaching or mentoring : Determine at least three benefits of and one limitation of peer coaching or mentoring. Propose at least three artifacts and the rationale for their inclusion in a portfolio.

Discuss the lessons learned from the focusing event : Research a focusing event that occurred between1927-1950.Identify a federal, state, or local government agency or non-governmental organization (NGO) such as a church or charity that provided assistance to the disaster victims.

User Account

All Pages